New Beginnings Learning Academy Leases Retail Space At 1409 East Main Street In Gatesville
1409 E Main St, Plainfield, IN 46168, USA
Building Size
5,584 SF
Asset Type
Retail
Closing
Aug 3, 2020
About this deal
AI
The retail property located at 1409 East Main Street in Gatesville has been leased. The property spans 5,584 square feet and is leased by New Beginnings Learning Academy.
Summary of transaction details:
- Property Type: Retail
- Tenant: New Beginnings Learning Academy
- Broker: Phil Morris – RESOLUT RE
- Square Footage: 5,584
The lease transaction was facilitated by Phil Morris from RESOLUT RE, representing New Beginnings Learning Academy.
Traded’s record for 1409 E Main St, Plainfield, IN 46168, USA in Plainfield, Indiana covers a retail lease from 2020. Published size for 1409 E Main St, Plainfield, IN 46168, USA is 5,584 square feet. Phil Morris, Resolut Re appear on the lease alongside Resolut Re. This page is the Plainfield, Indiana file for the 1409 E Main St, Plainfield, IN 46168, USA retail leased: pricing, party profiles, and other closed retail comps from the same Plainfield sit in the Market section below. Filter that Plainfield retail set by closing date to see what else leased near 1409 E Main St, Plainfield, IN 46168, USA around 2020. Cite this New Beginnings Learning Academy Leases Retail Space At 1409 East Main Street In Gatesville lease when underwriting similar retail product around Plainfield, Indiana.
Players
Plainfield Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93